Topline
Treasury Secretary Scott Bessent on Wednesday unveiled the first images of a $1 gold coin featuring President Donald Trump’s face, weeks after he revealed a new $250 bill with the president’s face, despite U.S. law prohibiting living people from appearing on currency.
Treasury Secretary Scott Bessent showed off the designs for a $1 Semiquincentennial coin featuring President Donald Trump’s face.
AFP via Getty Images
Key Facts
In a post on X, Bessent showed the gold coin featuring Trump’s face on one side along with the text, “In God we trust,” and “Liberty 1776-2026.”
In the post, Bessent said the U.S. Mint will begin striking this new $1 gold coin to “honor the enduring legacy of liberty and a lasting symbol of patriotism.”
Bessent added the coin intends to commemorate 250 years of America’s independence and celebrate “American values.”
Federal law prevents a living person’s face from appearing on U.S. currency, but the Trump administration has argued this particular coin circumvents that ban, based on a 2020 law allowing designs commemorating the country’s 250th anniversary.
This is a developing story.